GBPJPY Technical Analysis 3rd September 2025 1h chart

GBPJPY Technical Analysis 3rd September 2025 1h chart
– Tuesday Daily candle closed Bearish at 198.620 back to the Daily Consolidation Zone and rejecting the 200s.

– I’ll be looking for potential Buys above 198.900 targeting previous 4h Resistance formed at 199.400 Leaving Runners to the 4h Resistance formed at 199.850.


– I’ll be looking for potential Sells below 198.300 targeting 4h Strong Support formed at 197.710 Leaving Runners to the previous Weekly Support formed on 6th July 2025 around 197.080.


– Daily pushed above the 200s but got rejected and closed back in range. Breakout or fakeout — what’s next?